US Politics | What is Caroline Ellison’s net worth?
CRYPTOCURRENCY exchange FTX made headlines following its collapse and loss of $1billion in client funds, which are reportedly missing. Let's get to know more about the net worth of the CEO of the group-affiliate crypto firm Alameda Research, Caroline Ellison. TwitterCEO of Alameda Research Caroline Ellison '/ ' Who is Caroline Ellison? Caroline Ellison is the CEO of the crypto firm Alameda Research which was founded by Sam Bankman-Fried in 2017. Her father, Glenn Ellison, used to be a professor of Economics at MIT and coached her math team in middle school. Caroline's mother, Sara Fisher Ellison was also an economist at MIT. She graduated from Standford University in 2016, with a bachelor's degree in mathematics and went on to work for the quantitative trading firm Jane Street. Read More on Crypto SWEET FIND Bitcoin worth £3BILLION discovered secretly stashed in popcorn box BMW-TF? 'Crypto King' has luxury cars seized after $35million of investments 'vanishes' She met Bankman-Fried at Jane Street where she spent 19 months as a junior trader. Ellison moved to Alameda in March 2018 and became CEO in August 2022. However, it went downhill for the two after the Wall Street Journal reported that FTX were using customer funds to help Alameda meet its liabilities. Reuters reported that $10billion in customer funds were transferred to Alameda from bankrupt FTX. Most read in The US Sun DANGEROUS OVERSIGHT Delphi murder cops 'forgot suspect's huge admission five years ago' BIG MISTAKE Family Feud's Steve falls & completely 'shuts down' after player's NSFW answer RHO-NO Teresa Giudice mocked as she posts unedited and filtered version of the same pic THE NEW JANELLE Sister Wives' Janelle 'drops 100lbs' & shows off body after dumping Kody IS AL OKAY? Today star Al Roker's wife explains host's continued absence from morning show DEADLY PLAN UVA 'shooter waited until return to campus before fatal attack killing three' They added that Elisson told employees on Wednesday, November 9, 2022, during a video meeting, that she, Bankman-Fried and two executives, Nishad Singh and Gary Wang, knew about the decision to move customer funds to Alameda. Away from scandalous dealings involving client funds, Ellison is known for her love of Harry Potter books and movies. It was reported by CoinDesk that she lived with nine other people and Bankman-Fried in a luxury penthouse in the FTX base in the Bahamas. Despite the billions of dollars on its books, one anonymous source described the dynamics of FTX as ...run by a gang of kids in the Bahamas.... What is Caroline Ellison's net worth? As of November 2022, it is believed that Ellison's net worth was around $15million. However, with the collapse of FTX and its ties to Alameda, it might have been affected. Read More on The US Sun MASK ON Masked Singer fans call contestant a 'terrible singer' ahead of Comedy Roast Night HARRY'S HEARTACHE Harry Jowsey gives heartbreaking update on relationship with girlfriend How did Caroline Ellison make her money? Caroline Ellison earned her money through working in cryptocurrency. Through her promotion in August 2022 to CEO of Alameda, she earned more responsibilities since she started running the company.
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